Which of the following best describes dependency theory?
A) Global inequities will never be solved as long as developing countries must compete with one another to supply primary products to the developed world.
B) Wealth is created through free enterprise, free trade, and efficient production.
C) The processes, economic and political, through which a country develops to increase its capacity to meet its citizens' basic human needs and raise their standard of living.
D) The idea that many college students will end up living with their parents for years after graduation

Question

Quizplus · Accepted Answer

Dependency theory argues that global inequities exist because developing countries are dependent on supplying primary products to the developed world and cannot compete with one another, leading to a perpetuation of unequal power relations. This theory suggests that the only way to address these inequities is through structural change, including reducing dependency on primary product exports and promoting domestic industrialization. Choice B describes neoliberalism, choice C describes development theory, and choice D is unrelated to the question.

Which of the Following Best Describes Dependency Theory